4530 W White Ave - Hospitality FOR SALE


Blackwell, OK 74631
$2,900,000 USD
520-664-4091
4530 W White Ave, Blackwell, OK for Sale
$2,900,000 USD
Hospitality - FOR SALE
1/13
null | Request Cap Rate

4530 W White Ave
Blackwell, OK 74631


HIGHLIGHTS

  • 68 units, 3 story, interior corridor
  • Offered at $42, 647 / key
  • Consistent revenue generation
  • Well located directly off Interstate 35
  • Located 1 hour from three major cities (OKC, Tulsa & Wichita)
  • Financing available for qualified buyers

OVERVIEW

The Sleep Inn & Suites (Blackwell I-35) – Blackwell, OK, presents a compelling investment opportunity, boasting 68 well-appointed units. Offered at an attractive price of $42,647 per key, this property stands out with its consistent revenue generation, further underscored by a pricing multiple of just 3.9 times its trailing twelve month revenue. This favorable valuation, combined with the hotel’s solid operational performance, positions it as an appealing asset for investors seeking a stable and profitable venture in the hospitality sector, particularly within a market like Blackwell that benefits from its I-35 location and local economic activity.

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$80 USD /SF

# OF ROOMS

68

PRICE/ROOM

$42,647 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sleep Inn & Suites Blackwell I-35

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2014

PARKING SPACES

102

LAND DETAILS

LAND ACRES

1.73 AC

LAND SF

75,359 SF

ZONING

Commerical

APN/PARCEL ID

2990-18-027-01W-4-003-05

ASK ABOUT THIS PROPERTY

Jigar DesaiNewGen AdvisoryMore Info
520-664-4091

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Jigar DesaiNewGen AdvisoryMore Info
520-664-4091

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.